We are predicting the bearish Bat Pattern to complete as shown on the 1 hr chart. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets.
For EURNZD we are predicting a huge drop, however, we can still move 100 pips to the upside before it happens, the best way to enter here is to be super carefull and wait for an impulsive candle breaking our trendline + one more candle to confirm the downside movement, its better to sacrifice 20/30 pips instead of entering before the time and end up getting an...
bulls seem to have exhausted the upward momentum on this pair. i have placed some sell order/ sell stop on the 1st line break. please trade carefully. Please share your thoughts and views on my analysis and don't forget to like it and share with others.
we looking for a nice short on eurnzd , wait for first impulse on lower timeframe and look to sell! if we see price pushing higher look how price will react at 1.7150-1.7200 and trigger the short! be aware of NZD news this week too, trade with care.
LAST CANDEL CLOSED UNDER THE RESISTENCE, SELL TO THE SUPPORT
BUTTERFLY FORM ON H4 ENTER AT 1.69418 SL....1.69800.. TP... 1.66916 OUR PREVIOUS SIGNALS USDCHF HIT TP AUDUSD HIT TP
Hi! Very afraid of this order but interesting trying to sell it. Price sell order on EURNZD - 1.6690 SL - 1.6722 (32pips) TP - 1.6428 (262pips) RRR - 1:8.35 Please use small volume. I only try this order. Big chance to get SL. P.S. I still think that NZDUSD going up (attached idea) so it makes EURNZD going down.
EURNZD was travelling in a blue triangle, but as you know from our previous trades, price broke out to the downside, came back to retest the triangle at the 0.618 retracement level before making its way much lower then the previous support zone. Price is now travelling in a descending channel and has touched the bottom after a large impulse move down, we expect...
EURNZD has been travelling in a triangle to the downside. We entered into a long position after we saw some confirmations of trend reversal on lower time frames ,our target for the long position (RETEST) is the 0.618 of the large previous downwards impulse move. This is where we have short positions locked and loaded. we hope you enjoy some profits from this trade...
Our recommendation for this currency is a sell recommendation! Here are the reasons: 1. The trend is a distinct downward trend. We see this in the graph above that each round of increases is smaller than the previous one. 2. The eurnzd candles are below the cloud, the blue line is above the red line, we have a bearish cloud, all of which are from Ichimoku...
Wait for the break and close of the rising wedge to enter the trade. Move stop loss to breakeven after the first Take Profit level is hit. Good Luck! :)
EURNZD has completed the first wave and has made a retracement to 0.68, after this the third wave will occur and will go as shown in the following arrow. note that stop loss at level 0.00 or -0.23 fibonaci retracment, be wiser in trading and use good money mangement.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!